Claudine is 23 years old with one child aged 3. She sells shoes in a store she runs. The loan will be used to buy more shoes to increase her inventory. Any profits will be used to renovate her house. She would like to one day be a wholesaler.
About Urwego Opportunity Bank of Rwanda (UOB)
Urwego Opportunity Bank (UOB) is a Rwandan bank specializing in microfinance. It offers credit products to individuals and groups interested in starting or expanding their businesses. It also offers training in business development, financial literacy and health management. Given that approximately 90% of the Rwandan population is directly or indirectly related to the agricultural sector, Kiva lenders’ funds will be used to support UOB’s agricultural loan products, which are vital to the clients living in remote areas.